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Forex Charts - 6 Common Errors That Cause Equity Wipeout

March 24th, 2008 | No Comments | Posted in Finance

You can make money using Forex charts but most traders lose and the errors they make are listed below. You can make a lot of money using forex charts but you must use them correctly, so here are the errors you must avoid.

Trading Invalid Data

You need to use data that can help you calculate the odds and that means using enough data to allow you to do this.

This is common sense, yet a huge number of novice traders still try day trading – it doesn’t work PERIOD.

This is a preview of Forex Charts - 6 Common Errors That Cause Equity Wipeout. Read the full post (551 words, estimated 2:12 mins reading time)

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Forex Trading - A Valuable Character Trait In Life But In Forex Trading It Will Ensure You Lose!

February 22nd, 2008 | No Comments | Posted in Finance

The character trait we are referring to will make you lose, yet it is one we all admire in all other aspects of life - so what is it?

The trait is being too clever.

This may sound odd, but working in a brokerage for 10 years and seeing thousands of clients, every time a trader tries to apply to much effort or be to clever they lose because:

Simple systems are best and the real key is the discipline to execute the method – not its complexity.

This is a preview of Forex Trading - A Valuable Character Trait In Life But In Forex Trading It Will Ensure You Lose!. Read the full post (495 words, estimated 1:59 mins reading time)

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